One of the basic essentials of an incentive plan is that
A differential piece rate system should exist
Minimum wages should be guaranteed
Provide incentive to group efficiency performance
All standards should be based on time studies
Correct Answer :
D. All standards should be based on time studies
Related Questions
P.M.T.S. (Predetermined Motion Time Systems) include
M.T.M. (Method Time Measurement)
W.F.S. (Work Factor Systems)
B.M.T.S. (Basic Motion Time Study)
All of these
Production cost refers to prime cost plus
Factory overheads
Factory and administration overheads
Factory, administration and sales overheads
Factory, administration, sales overheads and profit
In CPM, the cost slope is determined by
Crash cost/Normal Cost
(Crash Cost - Normal cost)/ (Normal time - Crash time)
Normal Cost/Crash cost
(Normal cost - Crash cost)/ (Normal time - Crash time)
The product layout
Lowers overall manufacturing time
Requires less space for placing machines
Utilises machine and labour better
All of these
The critical path of a network represents
The minimum time required for completion of project
The maximum time required for completion of project
Maximum cost required for completion of project
Minimum cost required for completion of project
The time which results in the least possible direct cost of an activity is known as
Normal time
Slow time
Crash time
Standard time
For a product layout the material handling equipment must
Have full flexibility
Employ conveyor belts, trucks, tractors etc.
Be a general purpose type
Be designed as special purpose for a particular application
Which of the following are the guidelines for the construction of a network diagram?
Each activity is represented by one and only one arrow in the network
Dangling must be avoided in a network diagram
Dummy activity consumes no time or resource
All of the above
The most important objective behind plant layout is
Overall simplification, safety of integration
Economy in space
Maximum travel time in plant
To provide conveniently located shops
Gantt charts are used for
Forecasting sales
Production schedule
Scheduling and routing
Linear programming
Standing orders which are statutory are applicable to
All industries
All process industries and thermal power plants
Only major industries
All industries employing more than 100 workers
The production scheduling is simpler and high volume of output and high labour efficiency are achieved in the case of
Product layout
Process layout
Fixed position layout
A combination of line and process layout
Two alternatives can produce a product. First have a fixed cost of Rs. 2000 and a variable cost of Rs. 20 per piece. The second method has a fixed cost of Rs. 1500 and a variable cost of Rs. 30. The break even quantity between the two alternatives is
25
50
75
100
Which of the following statement is correct about the network diagram?
The events are represented graphically by circles or nodes at the beginning and the end of activity by arrows.
The tail end of the arrow represents the start of an activity.
The head of the arrow represents the end of an activity.
All of the above
The appellate authority for an industrial dispute is
Management
Labour court
High court/supreme court
Board of directors
The most important function of inventory control is
Stock control system
To run the stores effectively
Technical responsibility for the state of materials
All of the above
The main disadvantage of line organisation is
Top level executives have to do excessive work
Structure is rigid
Communication delays occur
All of the above
Pick up the correct statement from the following
If the float is positive and the activity is delayed by a period equal to its total float, the completion of project in no delayed
If the float of an activity is negative, delay in its performance is bound to delay the completion of project
If the float of an activity is zero, the activity is critical and any delay in its performance will delay the whole project
All of the above
Service time in queuing theory is usually assumed to follow
Normal distribution
Poissons distribution
Erlang distribution
Exponential law
For material transportation, conveyors are used when the prevailing conditions include
Loads are uniform
Routes do not vary
Materials move relatively continuously
All of these
Discrepancies of bar chart techniques are
Consequential effects of lack in one activity on the finish date
Free time available for an activity can't be predicted
Effective monitoring/controlling can't be done
All of the above
CPM is
Synthesising in concepts
Is built of activities oriented programmes
Is used for repetitive works
All of the above
The purpose of micro-motion study is to
Assist in finding out the most efficient way of doing work
Train the individual operator regarding the motion economy principles
Help in collecting the motion time data for synthetic time standards
All of the above
In the Halsey system of wage incentive plan, a worker is
Paid as per efficiency
Ensured of minimum wages
Not paid any bonus till his efficiency
Never a loser
Break-even analysis consists of
Fixed expenses
Variable cost
Sales revenue
All of these
A device used for lifting or lowering objects suspended from a hook at the end of retractable chains or cable is called
Hoist
Jib crane
Portable elevator
Chain conveyor
Which of the following equations is not in conformity with others?
Organisation performance × motivation = profits
Knowledge × skill = ability
Ability × motivation = performance
Attitude × situation = motivation
Pick up the incorrect statement from the following. A critical ratio scheduling
Establishes the relative priorities among various activities on a common basis
Determines the status of each activity
Adjusts automatically changes in activity progress
None of the above
In product layout
Specialised and strict supervision is required
Machines can not be used to their maximum capacity
Manufacturing cost rises with a fall in the volume of production
All of the above
In queuing theory, the nature of the waiting situation can be studied and analysed mathematically if
Complete details of items in, waiting line are known
Arrival and waiting times are known and can be grouped to form a waiting line model
All variables and constants are known and form a linear equation
The laws governing arrivals, service times, and the order in which the arriving units are taken into source are known